1. Winners of the "Young International Freight Forwarder of the Year Award" 2014
The four regional finalists are planning their trip to Istanbul, Turkey where they will participate in the FIATA World Congress, which takes place from October 13th to the 18th. At the World Congress one will be selected as the global Young International Freight Forwarder of the Year 2014.
Commending the quality of their dissertations as "outstanding", FIATA and TT Club have announced the following regional finalists:
Region Africa/Middle East
Miss Fortunate Nompumelelo Mboweni, South Africa
Mr Douglas Whitlock, Canada
Mr Saiful Ridhwan Bin Zulkifli, Singapore
Mr Christian Hensen, Germany
The Young International Freight Forwarder of the Year Award aims at contributing to the development of quality professionals in the freight forwarding industry and at rewarding young talent with valuable training opportunities. TT Club, a sponsor of the award since its inception, firmly believes in the importance of individual training and development within the industry.
The award principally consists of practical and academic training, including a week based at one the TT Club's regional centres in, Hong Kong or New Jersey, plus a week in the TT Club's Head Office in London. Additionally, one year's subscription to the International Transport Journal (ITJ), Switzerland and International Freighting Weekly (UK) is granted to all four regional winners.
Documentation for the 2015 Award will be distributed to FIATA Association Members towards the end of August / early September 2015, with the usual deadline for nominating candidates until January 15th, 2015.
2. European Union VAT cross-border rulings pilot case (CBR): mid-term review
The EU VAT Forum has conducted its first evaluation of the VAT cross-border rulings pilot that began in June 2013.
The pilot case allows taxable persons to obtain advance rulings on the VAT treatment of complex cross-border transactions. Presently, 15 Member States participate in this project (Belgium, Estonia, Spain, France, Cyprus, Latvia, Lithuania, Malta, Hungary, the Netherlands, Portugal, Slovenia, Finland, Sweden, and the United Kingdom).
All participants have expressed positive views regarding the handling of the first CBR cases. The participating States and business representatives also wished that more, or even all, Member States become involved in this initiative.
More information on the pilot case review is available on the EU VAT Forum website, available here: http://ec.europa.eu/taxation_customs/taxation/vat/key_documents/eu_vat_forum/index_en.htm
3. ICC publishes global survey on trade finance
The ICC has published their 2014 report titled, 'Rethinking Trade and Finance 2014 – An ICC Private Sector Development Perspective', and comprises data from a record of 298 banks in 127 countries with an expanded look at trade finance gaps.
The report reveals and examines some interesting trends in trade and finance, including south-south trade, industry optimism, and trade growth rate.
A special thanks to all FIATA members who responded to the ICC survey for contributing to this report.
To download the report, please visit: http://www.iccwbo.org/Products-and-Services/Trade-facilitation/ICC-Global-Survey-on-Trade-Finance/
4. Abu Dhabi Customs and ATCUAE sign agreement activating TIR in the United Arab Emirates
The United Arab Emirates (UAE) joining the TIR System will considerably facilitate global trade by reducing transport times and costs across this major trade hub, including through the ports of Abu Dhabi and Dubai. Electronic pre-declarations to Customs, real-time traceability of TIR Carnets and efficient risk management provided by the TIR System will also contribute to making border procedures faster, more secure and user-friendly.
Please visit the following website for more information: www.iru.org
5. Further information on European Union/China mutual recognition of trusted traders agreement
On May 16th, 2014, at its seventh meeting in Beijing, the EU-China Joint Customs Cooperation Committee adopted a decision on the mutual recognition of authorised economic operators (AEOs).
Under this agreement, certified traders from the European Union and China will benefit from the lower costs and simpler procedures of streamlined customs administration and clearance systems already in place. With the saved resources the European Union and China will have the opportunity to direct more attention towards the protection of IP rights and combatting illicit trade.
For the full article with more detail please visit: http://www.internationallawoffice.com/Newsletters/Detail.aspx?g=0cda6a7a-3d91-4d8a-8a09-39b77d8c0068&redir=1
6. TIR System to continue in Russia until November 30th, 2014
The Federal Customs Service of the Russian Federation (FCS RF) officially notified the Russian TIR guaranteeing association, ASMAP, about the extension of its agreement until November 30th 2014.
However, considering this very late announcement from the FCS RF and the lack of available details, practical problems are still likely to take place at border-crossing points in Russia over the next few days.
The IRU will provide further information as soon as it is officially available, and will keep working in close cooperation with Russian Customs and authorities to find a solution suitable to all parties.
More information available at: www.iru.org
7. Special offer to attend the Global Customs and Trade Facilitation Summit in Dubai, UAE
The Global Customs and Trade Facilitation Summit, part of the Global Trade and Development Week, is an interactive event for Governments, Customs Authorities, private sector economic operators, and advisors. The event will be focussing on the role of customs in enhancing international competitiveness, trade facilitation, and trade security across borders and between government agencies to get trade moving.
As FIATA is a supporting institution of the Summit, a 10% discount on registration has been made available for all members of FIATA. To receive the code, email Nadeeka Sarah at nadeekas(at)kwconfex.com and mention that you are a FIATA Member. Obviously the organisers have the right to check your data on our website for consistency reasons.
More information about the Summit and how to register is available through the FIATA on the move page: http://fiata.com/events/fiata-on-the-move.html
Or the Global Trade and Development Week website: http://www.kwglobaltrade.com/emea/home.html
8. Register for the FIATA World Congress in Istanbul
Do not miss the great opportunity to attend the FIATA World Congress 2014, taking place from October 13th to 18th 2014 in Istanbul, Turkey. This year the motto is "Sustainable Growth in Logistics". We are preparing an exciting Congress for you and you can look forward to a very interesting agenda including: several new FIATA projects will be presented to the industry; updates from the various Institutes, Advisory Bodies, and Working Groups; and guest speakers that will enrich our knowledge of trends in different areas of interest to our industry.
For more information about the World Congress and to register, please visit: http://www.fiata2014.org/
9. Special offer available for FIATA Members
As a member of FIATA, your company is eligible to receive a free pass to attend the 3rd Natural Gas Vehicles Europe Conference & Exhibition (November 25th-26th, Amsterdam). This is the premier freight and logistics focused NGV event in Europe, involving the major OEMs, infrastructure developers and presentations from major fleets with natural gas and biogas experience.
To attend for free, email firstname.lastname@example.org and mention that you are a FIATA Member. Obviously the organisers have the right to check your data on our website for consistency reasons.
See the website for all the details: http://ngvevent.com/eu/
11 July 2014